ITO, NEW DELHI vs. M/S. SINTEX CONSUMERS ELECTRONICS PVT. LTD., DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ACIT, NEW DELHI vs. M/S. SUPERSTAR AGENCY PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

M/S GLOBUS REAL INFRA PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, NEW DELHI vs. M/S STYLISH CONSTRUCTION PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO WARD - 13(3), NEW DELHI vs. JINGLE BELLS ALUMINIUM PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, NEW DELHI vs. M/S. SUPREME PLACEMENT SERVICES PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ACIT, NEW DELHI vs. M/S. STAR LIGHT CONSUMER ELECTRONICS PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, NEW DELHI vs. M/S. SUKHNA REAL ESTATE PVT. LTD., GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO WARD - 14(2), NEW DELHI vs. KASPER INFORMATION TECHNOLOGY PVT LTD, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ACIT, NEW DELHI vs. M/S. SUR BUILDCON PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, NEW DELHI vs. M/S. SUNLIGHT TOUR AND TRAVELS PVT. LTD., SAHIBABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

KASPER INFORMATION TECHNOLOGY P.LTD,NEW DELHI vs. ITO, WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

JINGLE BELLS ALUMINIUM,NEW DELHI vs. ITO WARD - 13(3), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

LANDSKY REAL ESTATES P.LTD,NEW DELHI vs. ITO, WARD-15(1), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

KASPER INFORMATION TECHNOLOGY PVT. LTD.,NEW DELHI vs. ITO WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

ITO, NEW DELHI vs. M/S ANGEL CEMENT PVT. LTD.,, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

Section 1. Cement Pvt 68: forward to prove identity, having adequate reserves Ltd. Share creditworthiness & to make investment. genuineness (ICG)of capital the  The -Revenue’s (SC) share transactions. assessee has  The summons addressed to Appeal premium discharged its burden cast – Rs. 66 contributors remained upon it to prove identity, crores uncompiled with. creditworthiness & Notice 133(6) returned back

JUDGEMENTopens in new window

68 on a/c of share capital/ premium & alleged commission expenses @ 2% thereon Disallowance on a/c of alleged bogus purchases Made by the A.O. Sustained by the C.I.T.(A) Made by the A.O. Sustained by the C.I.T.(A) 2012-13 66,74,40,774 66,74,40,774 88,31,23,282